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45
Q:

If goods be purchased for Rs.450 and 1/3 is sold at a loss of 10%. At what gain % should the remainder is sold to has to gain 20% on the whole transaction?

A) 35% B) 28%
C) 22% D) 19%

Answer:   A) 35%



Explanation:

Given the cost price of the articles = Rs. 450

To get overall 20% gain,

Total Selling Price = (20/100) x 450 = 540


One third of the CP = 1/3 x 450 = Rs. 150

But given 1/3 of articles are sold at 10% loss

S.P of 1/3 of articles = 90% of 150

= 90 x 150/100 = 135

 

Then, S.P on remaining 2/3 goods must be

= 450 - 135 = 405 ...........(1)

CP on remaining goods

= 2/3 x 450 = 300 ............(2)


Profit = SP - CP = 405 - 300 = 105


Profit %  = (105/300) x 100

= 35%.

Subject: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
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